BlueFire Ethanol Fuels, Inc. (OTCBB: BFRE) conducted its first annual shareholder meeting Wednesday August 22, 2007 in Irvine, California. The two items of business were the election of Directors and the ratification of the independent certified public accountant.

The Directors elected were:

Arnold R. Klann - BlueFire Chairman & CEO

Necy Sumait - BlueFire Senior Vice President

Victor Doolan (Outside Director) - Most recently President Volvo Cars North America, formerly the Executive Director of the Premier Automotive Group, the luxury division of Ford Motor Company. Mr. Doolan currently serves as a director for Sonic Automotive.

Christopher Nichols (Outside Director) - President, CEO & Chairman of Advanced Growing Systems, Inc.

Joseph Emas (Outside Director) - Specializes in securities regulation, corporate finance, mergers and acquisitions and corporate law. Mr. Emas is a director of several public companies which trade on both the OTC.BB and Amex.

McKennon Wilson & Morgan LLP:

McKennon Wilson & Morgan LLP is a regional accounting firm consisting of former Big Four and IRS professionals. McKennon Wilson & Morgan LLP will continue to serve as BlueFire's independent certified public accountants until the Annual Meeting of Stockholders in 2008.

Announcements

BlueFire announced the July submission of its NASDAQ application at the shareholder meeting. Arnie Klann stated, "BlueFire chose the NASDAQ Exchange as the next logical step for several reasons. One, the NASDAQ uses the market maker system which BlueFire feels is superior in many respects to the specialist system. Two, it will enable BlueFire to retain its current trading symbol BFRE or 'Be Free' as it is referred to. We have always felt at BlueFire that our ticker symbolized our goal as a company to 'Be Free' from foreign oil."